ENSUSDT.P trade ideas
ENS/USDT looks good to shortHey guys!
Last one for today is going to be ENS/USDT pair which looks like going for lower support soon. Well won't talk much here everything looks clean we think.
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Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
ENS/USDT - SHORT SWING----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ ENS/USDT ⚡️⚡️
Exchange: ByBit USDT
Trade Type: Breakout (Short)
Leverage: Isolated (5.0X)
Entry Orders:
1) 17.07 - 100.0% (249.222 USDT) ✅
Take-Profit Orders:
1) 16.64 - 75.0%
2) 16.5 - 15.0%
3) 16.16 - 9.998%
Stop-loss Orders:
1) 17.37 - 100.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1
$ENS - ConsolidatingClearly consolidating at resistance - there is a want to go higher - seeing shorts being swallowed.
If can push through and retest - turning resistance to support - should see a push to higher line -> Big IF however - if rejected aim low support...
Largely will be related to MACRO environment over next week
If CPI / US Jobs data come in on-expectations - expect a push lower - this is due to likely response from FED being "right - we haven't broken anything yet - lets push harder for 75bps hike" - if however jobs growth / income growth weaker than exp. will see some evidence of risk on appetite....short term
Lets see.
Remember the market is forward looking - these things are around 75% baked in already.
🔥 ENS Long-Term Idea: Accumulation FinishedIn this analysis I want to talk about the possible end of accumulation of ENS. Where we saw a strong downtrend in the first half of the year, ENS has been making higher-highs ever since the market bottomed in June, see dotted lines. ENS seems to be following its own path, instead of following BTC's price action, which gives more hope to a bullish move.
In my view, ENS could see some kind of bullish break out move occur in the next couple of weeks. Targets in blue.
ENSUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ENSUSDT
Here we have R1 as our resistance area which contains the disability of the price to rise. And S1 used to be a resistance line. Thus, we have the fluctuation of price in R1 area and our expectation would be a rise for the price to reach the height of mentioned area (according to its past behavior). Then via having some falling signs, we expect a decline would happen to S1. Remember that if the price is able to fix itself over R1, more increase is waiting for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck